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Diversified Restaurant Holdings Opens Latest Buffalo Wild Wings(R) in Ybor City, Florida

Diversified Restaurant Holdings Opens Latest Buffalo Wild Wings(R) in Ybor
City, Florida

Company Solidifies Tampa Bay Presence With Fifth Location

SOUTHFIELD, Mich., Dec. 18, 2012 (GLOBE NEWSWIRE) -- Diversified Restaurant
Holdings, Inc. (OTCQB:DFRH) ("DRH" or the "Company"), the owner, operator, and
franchisor of the unique, full-service, ultra-casual restaurant and bar Bagger
Dave's Legendary Burgers Tavern^® ("Bagger Dave's") and one of the largest
franchisees for Buffalo Wild Wings^® ("BWW"), officially opened its latest
Buffalo Wild Wings in Ybor City, FL at 1625 East 7^th Avenue on Monday,
December 17, 2012.

T. Michael Ansley, President and CEO of Diversified Restaurant Holdings,
commented, "The Ybor City restaurant is located in a historic district which
hosts a variety of entertainment venues, making it one of Tampa's top dining
destinations. Now with five locations, we believe this latest opening
solidifies our presence in the Tampa area."

DRH's other Tampa BWW restaurants are located in Brandon, Riverview, Fish Hawk
and Largo.

About Diversified Restaurant Holdings

Diversified Restaurant Holdings, Inc. ("DRH" or the "Company") is the owner,
operator, and franchisor of the unique, full-service, ultra-casual restaurant
concept, Bagger Dave's Legendary Burger Tavern^® ("Bagger Dave's") and one of
the largest Buffalo Wild Wings^® ("BWW") franchisees. Between the two
concepts, the Company currently operates 43 restaurants in Michigan, Florida,
Illinois, and Indiana, with an additional BWW restaurant scheduled to open in
2012.Including this location, and one franchised Bagger Dave's in Missouri,
the Company expects to have 45 restaurants by year's end.The Company
routinely posts news and other important information on its website at
www.diversifiedrestaurantholdings.com.

Bagger Dave's offers a full-service, family-friendly restaurant and bar with a
casual, comfortable atmosphere. The menu features freshly-made burgers (never
frozen), accompanied by more than 30 toppings from which to choose, along with
fresh-cut fries, hand-dipped milkshakes, and a selection of craft beer and
wine. Signature items include Sloppy Dave's BBQ^®, Train Wreck Burger^®, and
Bagger Dave's Amazingly Delicious Turkey Black Bean Chili^®.The Bagger Dave's
concept emphasizes local flair by showcasing historical photos of the city in
which each restaurant resides and features an electric train that runs above
the dining room and bar areas.Currently, there are 11 corporate-owned
locations and one franchised location.The Company has an executed area
development agreement to franchise five additional Bagger Dave's in five
states outside of Michigan.DRH is approved to franchise Bagger Dave's in the
states of Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, and
Wisconsin.For more information, visit www.baggerdaves.com.

DRH operates 32 BWW restaurants: 14 in Michigan, ten in Florida, four in
Illinois and four in Indiana.The Company has opened 18 new BWW restaurants in
fulfillment of its 32-store Area Development Agreement ("ADA") with franchisor
Buffalo Wild Wings, Inc. (Nasdaq:BWLD).The remaining 14 restaurants under the
ADA agreement, along with an additional franchise agreement in Indiana,
suggest that the Company will operate 47 BWW's by 2017.

Safe Harbor Statement

The information made available in this news release contains forward-looking
statements which reflect DRH's current view of future events, results of
operations, cash flows, performance, business prospects and opportunities.
Wherever used, the words "anticipate," "believe," "expect," "intend," "plan,"
"project," "will continue," "will likely result," "may," and similar
expressions identify forward-looking statements as such term is defined in the
Securities Exchange Act of 1934. Any such forward-looking statements are
subject to risks and uncertainties and the Company's actual growth, results of
operations, financial condition, cash flows, performance, business prospects
and opportunities could differ materially from historical results or current
expectations. Some of these risks include, without limitation, the impact of
economic and industry conditions, competition, food and drug safety issues,
store expansion and remodeling, labor relations issues, costs of providing
employee benefits, regulatory matters, legal and administrative proceedings,
information technology, security, severe weather, natural disasters,
accounting matters, other risk factors relating to our business or industry
and other risks detailed from time to time in the Securities and Exchange
Commission filings of DRH. Forward-looking statements contained herein speak
only as of the date made and, thus, DRH undertakes no obligation to update or
publicly announce the revision of any of the forward-looking statements
contained herein to reflect new information, future events, developments or
changed circumstances or for any other reason.

CONTACT: Investor Contact:
         Deborah K. Pawlowski
         Kei Advisors LLC
         Phone:  716.843.3908/ 716.843.3874
         Email: dpawlowski@keiadvisors.com
        
         Company Contact:
         David Burke
         Chief Financial Officer
         Phone: 248.223.9160
 
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